HMT and James Cowper Kreston advise YFM Equity Partners on London Drainage Facilities investment

Teams from HMT LLP and James Cowper Kreston are among the advisers to YFM Equity Partners on its investment into London Drainage Facilities.

The team from James Cowper Kreston advising YFM consisted of Partner Stuart Williams, who works from the firm’s Reading and Southampton offices, and Corporate Finance Manager Jack Griggs.

Henley-based HMT, led by Partner Paul Read, Director Corin Briault-Hutter and Manager Jack Arnold undertook financial due diligence on the transaction.

Alongside James Cowper Kreston and HMT, teams from Birketts LLP, PMSI Strategy LLP, Grant Thornton LLP and Contiuum Ventures acted as advisers to YFM on its investment into the planned and emergency drain repair company, which is led by Danny and Lucie Fuller.

Danny Fuller, Managing Director of LDF commented: “We are very proud of LDF’s journey to date, but our partnership with YFM is about taking the business to the next level. YFM’s experience in scaling similar businesses is what we have been looking for.

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“YFM has also spent considerable time getting to know us and our business, so we are pleased to welcome them on board not only as an investor but also as a partner, who can help us realise our vision and ambition and we look forward to the next chapter.”

David Wrench, Investment Partner at YFM commented, “LDF is a high-quality specialist with an impressive track record. The company has demonstrated strong growth year on year and we have been impressed with Danny and his team and their deep sector knowledge and commercial approach. Our investment is about unlocking LDF’s potential, and we are excited to be supporting with this.”

Stuart Williams, Partner and Head of Corporate Finance at James Cowper Kreston commented, “We are delighted to have advised YFM Equity Partners on another transaction in the Technical Services sector.  Lucie and Danny have built a fantastic business in LDF, and we look forward to continuing to work with both LDF and YFM as they build on their market-leading service offering in drainage repair.”

HMT's Paul Read said: “We are delighted to have had another opportunity to advise YFM Equity Partners on their investment in LDF. This represents an excellent opportunity for LDF’s continued growth. We look forward to work with YFM on future investments.”

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